Deposit Protection Fund of Uganda (DPF)

The Deposit Protection Fund is a government agency that provides protection to customers of deposit taking institutions licensed & regulated by Bank of Uganda.

[Deposit Protection Fund of Uganda (DPF) @DPFUganda]

Earlier today, our CEO – Dr. Julia Oyet (Mrs.) joined Hon. @henrymusasizi1 - the Minister of Finance, Planning & Economic Development and other stakeholders at the #CMAAt30 flag off Press Conference which was held at the Uganda Media Centre.

Speakers at the event reflected on the three decades of capital markets development in Uganda and highlighted opportunities for deeper financial inclusion, investor confidence and heightened economic growth in the Country.
#CMAAt30
#Yourdepositsareprotected up to UGX 10m.

[Deposit Protection Fund of Uganda (DPF) @DPFUganda]

@JMpairwe @BOU_Official Thank you Jimmy, for asking.
Monies exceeding 10 million are paid by the liquidator after the liquidation process. The liquidator of a closed institution is appointed by Bank of Uganda.

[Deposit Protection Fund of Uganda (DPF) @DPFUganda]

May His Majesty's soul Rest in Eternal Peace🙏.
#RIPKingOyo

[Deposit Protection Fund of Uganda (DPF) @DPFUganda]

Today, August 28 2026, the Deposit Protection Fund convened a breakfast meeting with Heads of Contributing Institutions to discuss key developments in Uganda's deposit protection system.

The key agenda item was the review of the deposit protection limit, aimed at ensuring continued depositor confidence and alignment with evolving economic realities.

The meeting provided an important platform for stakeholder engagement and sharing insights geared towards strengthening the financial sector’s safety net.
#Yourdepositsareprotected up to UGX 10m.

[Deposit Protection Fund of Uganda (DPF) @DPFUganda]

Today - August 20, 2026, DPF has commissioned ESG Garden Benches at IUIU – Mbale Campus (@iuiuac), an investment in sustainable, eco-friendly spaces for students and staff to read, connect and relax.

This comes hot on the heels of the University's first runners up position at the inaugural DPF Higher Institutions Quiz that was held in June this year.

Prior to unveiling the benches, students and faculty were enlightened on matters of deposit insurance and financial literacy.
#Yourdepositsareprotected up to UGX 10m.

[Deposit Protection Fund of Uganda (DPF) @DPFUganda]

Dir. Communications - @EzagaP: DPF protected up to UGX 10m. At that limit, 98% of depositors are fully covered. Notwithstanding, informed by a number of factors and consultation with stakeholders, discussions about revision of the current limit are ongoing and at a due date, a pronouncement will be duly made.
#Yourdepositsareprotected up to UGX 10m.

@iuiuac

[Deposit Protection Fund of Uganda (DPF) @DPFUganda]

Today, we are at IUIU (@iuiuac) - Mbale Campus for the commissioning of the ESG garden benches that were constructed at the Campus with partnership with DPF & engaging on matters of deposit protection and financial literacy.
#Yourdepositsareprotected up to UGX 10m.

[Deposit Protection Fund of Uganda (DPF) @DPFUganda]

Mr. Patrick Ezaga (@EzagaP): “As part of the preservation of nature initiative, we have delivered 500 tree seedlings to @SorotiUniversi1 for planting in accordance with the landscaping masterplan of the institution.

The trees we plant today are an investment for the future. There is a common African saying that “If you want to sit under a shade in your old age, plant a tree now."

We therefore encourage the University community, especially the Students Guild, to nurture and protect them so that they can continue to benefit generations of students to come”.
#Yourdepositsareprotected up to UGX 10m.

[Deposit Protection Fund of Uganda (DPF) @DPFUganda]

DPF Director Communications: Think of a granary. Farmers don’t store all their grain in one hut - they pool it into a well-guarded granary, so if one farmer’s harvest fails, the community granary still has enough to go around.

Deposit insurance works the same way. Banks pool contributions into the Deposit Protection Fund, so if one bank fails, depositors don’t lose everything - the “granary” is there to cushion the shock.

That’s the role DPF plays for Uganda’s financial system: safeguarding depositors’ “harvest,” one shilling at a time.
#Yourdepositsareprotected up to UGX 10m

[Deposit Protection Fund of Uganda (DPF) @DPFUganda]

DPF Director Communications: "Deposit protection is not only a matter for bankers, regulators and financial experts. It concerns everyone who saves money with a financial institution.
As young people preparing to enter the world of work, business and leadership, understanding how the financial system works and the protections available to depositors is important."
#Yourdepositsareprotected up to UGX 10m.

[Deposit Protection Fund of Uganda (DPF) @DPFUganda]

We are at Soroti University (@SorotiUniversi1) this morning, to commission garden benches that were constructed at the University, with support from the DPF. Additionally, we are engaging with students, discussing matters of deposit protection and financial literacy. 
#Yourdepositsareprotected up to UGX 10m.

[Deposit Protection Fund of Uganda (DPF) @DPFUganda]

The Deposit Protection Fund is at the ongoing Federation of Uganda Medical Students’ Associations (@OfficialFUMSA) Medical Camp in Ntungamo. The four-day medical camp that began on 13th August has so far reached more than 2,000 local residents.

Through such community-based engagements, DPF continues to strengthen public awareness by taking information about deposit protection directly to the public.
#Yourdepositsareprotected up to UGX 10m.

[Deposit Protection Fund of Uganda (DPF) @DPFUganda]

Earlier today, DPF’s Ag. CEO & Director Communications, Mr. Patrick Ezaga (@EzagaP), hosted a delegation from the Public Relations Association of Uganda (@PRAU_Uganda), led by Immediate Past President Ms. Tina Wamala (@tina_wamala).

The engagement explored areas of partnership between the two institutions, anchored on shared interests in stakeholder engagement - an effort that speaks directly to DPF’s mission of fostering public confidence in Uganda’s financial sector.

We look forward to collaboration with PRAU as we continue to build towards our Vision of ‘Excellence in deposit protection for financial sector stability’.
#Yourdepositsareprotected up to UGX 10m.

[Deposit Protection Fund of Uganda (DPF) @DPFUganda]

We are proud to partner with the Federation of Uganda Medical Students Association (@OfficialFUMSA) for a Medical Camp in Western Uganda.

We go beyond protecting Ugandans’ deposits and stand with initiatives that uplift communities. We are excited to support this impactful outreach.

📍 Ntungamo District
🗓️ 13th–16th August, 2026
Theme: “Giving back to community. Empowering Communities and Extending Health Care in every corner of Western Uganda”

#Yourdepositsareprotected up to UGX 10m

[Bank of Uganda @BOU_Official]

Bank of Uganda Licenses Two More Large SACCOs

The Bank of Uganda has licensed Share An Opportunity SACCO, based in Zirobwe, and Kihondo Tukwatanize SACCO, based in Fort Portal, bringing the number of large SACCOs under the Bank’s direct supervision to six.

The licences were presented during a ceremony held at the Bank of Uganda on Thursday, 6 August 2026, by Mr Mackay Aomu, Director, Non-Bank Financial Institutions, on behalf of the Executive Director, Supervision and Regulation.

Speaking at the ceremony, Mr Aomu urged the newly licensed SACCOs to remain firmly rooted in the communities they serve and to build strong, trusted institutions that their members can be proud of.

He emphasised the importance of sound policies and procedures that promote accountability, strengthen internal checks and balances, and support prudent management. He also called on the SACCOs to safeguard members’ data and give due attention to environmental, social, and governance principles in their operations.

Mr Aomu noted that well-governed and regulated SACCOs play an important role in expanding financial inclusion and supporting Uganda’s socio-economic transformation.
The ceremony was attended by executives and board chairpersons from the two SACCOs, together with staff from the Bank of Uganda’s Supervision Directorate.

[Deposit Protection Fund of Uganda (DPF) @DPFUganda]

Today, we bid farewell to DPF's pioneering cohort of 7 interns who completed a 1-month internship programme!

Our CEO - Dr. Julia Clare Olima Oyet urged them to remain ambassadors for deposit protection & pursue academic excellence.

#Yourdepositsareprotected up to UGX 10m. #Internship

[Deposit Protection Fund of Uganda (DPF) @DPFUganda]

Dr. Julia Clare Olima Oyet, Chairperson of the IADI Africa Regional Committee and CEO of the Deposit Protection Fund, earlier today delivered the welcome address at the IADI Africa Regional Committee Annual Meeting & Workshop 2026 in Abuja, Nigeria.

Speaking to deposit insurance leaders, central bankers and policymakers from across Africa, she reaffirmed the region’s commitment to financial stability through stronger public awareness, crisis preparedness, operational readiness and regional collaboration.

She unveiled the ARC’s strategic priorities for 2027–2029:
➡️ Improving compliance with IADI Core Principles
➡️ Promoting research on emerging issues
➡️ Strengthening crisis management capabilities
➡️ Accelerating depositor payout readiness
➡️ Expanding cooperation among African deposit insurers

The Nigeria Deposit Insurance Corporation (NDIC) is hosting the workshop under the theme, “Safeguarding Stability: Public Awareness and Crisis Readiness for a Stronger Future”.

#Yourdepositsareprotected up to UGX 10m.

[Deposit Protection Fund of Uganda (DPF) @DPFUganda]

DPF joined Uganda’s banking fraternity at @ugbankers farewell reception held last Friday, in honor of Dr. Fabian Kasi, the former Managing Director of @CentenaryBank.

Board Chairman Mr. Patrick Kagoro led DPF’s delegation, paying tribute to Dr. Kasi’s visionary leadership and lasting contribution to Uganda’s banking sector.

The Fund congratulates Dr. Kasi on a remarkable career 👏

#YourDepositsAreProtected up to UGX 10m.

[Deposit Protection Fund of Uganda (DPF) @DPFUganda]

Earlier today, the DPF Board of Directors and Management met Hon. Henry Musasizi, CPA (@henrymusasizi1), Minister of Finance, Planning and Economic Development, to review DPF’s key achievements and strategic outlook.

Highlights from the engagement:

☑️ The DPF fund size has grown 5-fold since 2017; from UGX 470 billion to UGX 2.3 trillion.

☑️ Over 98% of all deposit accounts in Uganda are fully protected under the current UGX 10M coverage limit. This is above the global benchmark of 96%.

☑️ Consultations are underway on a proposal to revise the current coverage limit from UGX 10 million.

The Hon. Minister pledged support to the Fund in achievement of its mandate.
@mofpedU

#Yourdepositsareprotected up to UGX 10m.

[Deposit Protection Fund of Uganda (DPF) @DPFUganda]

If your bank was to close, who gets paid & how much?🤔

DPF protects deposits up to UGX 10 million per depositor, per institution - covering 98% of depositors (above the 96% global average).

Individual accounts. Joint accounts. Business accounts. Deceased depositors. We break it all down 👇
https://t.co/h0weAh2suf

#Yourdepositsareprotected up to UGX 10m.